Deadline: As soon as possible
Location(s)
Online United States of America
Overview
Change will never be as slow as it is today. The accounting and finance profession of the future will look very different than it does today. We’re already having to adapt to changes related to regulatory compliance, task automation, AI, blockchain, and more. The Association and CPA.com Startup Accelerator helps grow startups throughout the accounting ecosystem so they can help transform the profession.
Details
Our aim is to strengthen the ability of individual accountants and finance teams to be the go-to analysts, strategists and consultants that are indispensable to organizations across the globe.
What types of companies are we looking for?
We’re focused on two specific themes, both of which ultimately help the profession perform and add value at a higher level:
AccounTech — Tools and platforms that improve efficiencies for accounting and finance professionals as well as advanced technologies that enable firms to shift their focus to value-added advisory services.
Examples may include but are not limited to:
- Automation of routine accounting tasks
- Automating collection and analysis of data that accountants can use to inform strategy
- Artificial intelligence to augment human decision-making
- Blockchain platforms and/or cryptoasset reporting
- Business Intelligence and Predictive Analytics
- Financial and Tax Planning Solutions
- Cybersecurity tools & platforms
RegTech — Technologies that facilitate the delivery of regulatory requirements and help businesses meet the challenges of regulatory monitoring, reporting, compliance, risk management and fraud detection.
Examples may include but are not limited to:
- Machine learning and artificial intelligence that help financial institutions manage, analyze and report accurate information
- Technology to detect real-time market or operational risks
- Compliance & Risk controls
Opportunity is About
Eligibility
Candidates should be from:
Description of Ideal Candidate
Eligibility
- Seed or pre-Series A, with some exceptions
- Must have a functioning product or service
- Must have a value proposition for the accounting profession
Dates
Deadline: As soon as possible
Cost/funding for participants
What we offer
- Funding: Selected startups will be offered $25,000 each, subject to agreement of commercial terms, to work with the Association of International Certified Professional Accountants and CPA.com as part of this year’s accelerator cohort. Commercial terms are previewed in the sample convertible promissory note and memorandum of understanding.
- Access: Startups will be given access to the profession including to members, firms, press, and other customers that can help their businesses grow.
- Knowledge: We will provide unmatched subject-matter expertise, coaching, mentorship, and knowledge about the profession to help each selected startup refine its value proposition, scale and grow.
Internships, scholarships, student conferences and competitions.